Stichting Contininuiteit Ahold Delhaize (SCAD) is a foundation organized under the laws of the Netherlands. The object and purpose of SCAD as set out in further detail in its articles of association, is to protect and safeguard the interests of Koninklijke Ahold Delhaize N.V. (the Company) and its group companies, including the interests of all stakeholders in the Company and its group companies. In the context of this mission, SCAD will avert,  to the best of its abilities, any situation that might affect and influence the continuity, strategic policy and identity of the Company. For purpose of fulfilling its objectives, SCAD may acquire preference shares in the Company and exercise the rights attached to these shares, including the respective voting rights. The board of SCAD is composed of four independent members, appointed by the board itself.